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    Cryptocurrency Daily Discussion - May 11, 2019 (GMT+0)

    May 11, 2019

    Cryptocurrency Daily Discussion - May 11, 2019 (GMT+0)

    Daily Discussion - May 11, 2019 (GMT+0)

    Posted: 10 May 2019 05:13 PM PDT

    Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.

    Disclaimer:

    Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

    Rules:

    • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
    • Discussion topics must be related to cryptocurrency.
    • Comments will be sorted by newest first.
    submitted by /u/AutoModerator
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    Tyler Jenks and Leah Wald (lucid investments) put a 1 btc bet to any takers on Twitter months ago that bitcoin would hit 1500$ before it would hit 6500$. Guess who got hyper REKT!!!

    Posted: 10 May 2019 08:48 PM PDT

    Moon shining at BTCs face again. Another day, another year record high.

    Posted: 10 May 2019 11:11 PM PDT

    It's time..

    Posted: 11 May 2019 03:31 AM PDT

    The Pump'n'Dump groups are back. Got this in my Reddit messages:

    Posted: 10 May 2019 11:57 PM PDT

    Exclusive Crypto Trading Community

    from bdawg5020 sent 5 hours ago

    Wish you had loaded up on BTC below $4000? We were covering it at $3200! After the response we got on our post, we have decided to extend an invite to a select few Redditors to join our exclusive Crypto trading community. You can join our free Discord server here: https://discord.g...."

    When the pump and dump groups and ICOs are awaking from their sleep, the bull market seems to be back?

    Stay out of those groups. They're there to make money at your expense.

    submitted by /u/renesq
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    Binance and Coinbase now get ~1 million visits per day, levels not seen in over 7 months!

    Posted: 10 May 2019 02:00 PM PDT

    BTC has smashed through $6400. This was the support level we broke more than 6 months ago that took us to lows of $3200.

    Posted: 10 May 2019 11:20 PM PDT

    Is this a bull trap or have we set 6400 back to the support level? Is this where people FOMO in? I thought we'd have a pullback awhile ago. But it keeps going higher, and the higher it goes the less chance of a pullback until a ways down the line when it really pulls back. Or maybe it won't. It goes up until it doesn't.

    submitted by /u/MeepJingles
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    The Next Web (TNW) conference with Dominik Schiener - Co-Founder of IOTA

    Posted: 10 May 2019 08:36 PM PDT

    Crypto market cap back over $200,000,000

    Posted: 10 May 2019 10:39 PM PDT

    At $201B at the moment on Coinmarketcap. That's about double where it stood at the low in December. I recall that at that point people pointed out that if you removed stablecoins from the list the crypto market cap had slipped under $100B. Any thoughts on where we go from here?

    HODL on!

    submitted by /u/ebliever
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    Usecases for crypto.

    Posted: 10 May 2019 11:57 PM PDT

    Found this post from 4 years ago. Pretty much summarized what happened.

    Posted: 11 May 2019 03:18 AM PDT

    Hi! We have made blockchain analysis of Binance “hack” please have a look. Thank you in advance for your comments

    Posted: 10 May 2019 09:43 PM PDT

    SEC COMMISSIONER: It’s time to embrace crypto

    Posted: 10 May 2019 05:55 AM PDT

    Nice move from OriginTrail to track the stolen BTC from Binance..!

    Posted: 11 May 2019 03:53 AM PDT

    What is your profit taking strategy?

    Posted: 11 May 2019 03:17 AM PDT

    I learned a great deal from the last bull run. I let my portfolio soar to six digits but was too blinded by thoughts of mooning to cash out, only to let my balance dwindle to take a 80% loss.

    I have vowed to never let this happen again, to take profit along the way. But I am not sure what the best strategy for doing so is.

    I would be keen to hear from those who have a profit taking strategy in place, the price points you have chosen, and the reasoning behind these things.

    submitted by /u/drcopperfield
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    New people to crypto : Please be aware of crypto scams

    Posted: 10 May 2019 12:47 PM PDT

    SEC approves new Silicon Valley stock exchange backed by Marc Andreessen, other tech heavyweights

    Posted: 10 May 2019 10:57 AM PDT

    BTC nears $7k; Ethereum announces annual funding; Ripple co-founder joins IMF; CoinMarketCap announces new listings; Irishman (20) facing >100 years in US prison for alleged fraud; Latest news about BTC, ETH, XRP and more.

    Posted: 11 May 2019 04:09 AM PDT

    India and Crypto Issues

    Posted: 10 May 2019 07:04 PM PDT

    For those users in India... What issues you facing on a daily basis with crypto and banking? Are you seeing any shining hope that regulations will change? What would you think would it take to make your government do a 180 on everything? Finally, what are you doing to protect your position in crypto and still be able to buy and sell?

    submitted by /u/BeansDaddy2015
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    Sex, Lies and Crypto. A sex-traffic website used Crypto Capital for money laundering.

    Posted: 11 May 2019 03:32 AM PDT

    New to crypto - portfolio.

    Posted: 11 May 2019 02:58 AM PDT

    Hi guys, I'd like to diversify my first portfolio but i'm not sure how to do it, thus I want to ask more experienced people like you. I will be grateful for explanation of why you would recommend me to choose given crypto. Thank you in advance.

    submitted by /u/lifemfs
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    A friendly reminder why Crypto is the future: VICE: The Untold Story of the 2008 Financial Crisis

    Posted: 10 May 2019 11:29 AM PDT

    BULLISH! Cardano signs MOU with Monngolian Blockchain Technology and Cryptocurrency Association!

    Posted: 11 May 2019 04:18 AM PDT

    Nothing we can do now but just wait

    Posted: 10 May 2019 09:58 PM PDT

    Even more of a reason why not to use PayPal and use Crypto instead. F**K PAYPAL. Seriously F**K PAYPAL

    Posted: 10 May 2019 09:14 AM PDT
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